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Old 10-16-2006, 04:51 PM
J.R. J.R. is offline
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Join Date: Sep 2002
Posts: 5,406
Default Re: Neteller\'s Director of the Board Resigns

He wasn't just on the board, but a co-founder and the CEO until 20002:

[ QUOTE ]
In 1999, Stephen Lawrence, the founder and major shareholder of the NETELLER Group, conceived the idea of an 'e-wallet' that could be used to fund Internet based transactions without the security risk of processing transactions at each of multiple merchants' sites.

[/ QUOTE ]

link

I'm not sure there is any reason to read into things. He wasn't active in management recently but is still a major shareholder.
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